The Emerging Growth and Equity Fund is a $$low$-$load$$ fund. The current offer price quotation for this mutual fund is $$16\mathrm{.}45,$ and the front$-$end load is $1\mathrm{.}75$ percent.

a$.$ What is the NAV? $($Round your answer to $2$ decimal places.$)$

b$.$ If there are $25\mathrm{.}5$ million shares outstanding, what is the current market value of assets owned by the fund? $($Do not round intermediate calculations. Round your answer to the nearest whole number.$)$